Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Sienna Senior Living Inc. is a Canada-based seniors’ living provider. The Company serves independent living (IL), independent supportive living (ISL), assisted living (AL), memory care (MC) and long-term care (LTC) through the ownership and operation of seniors’ living residences in the Provinces of British Columbia and Ontario. The Company’s segments include Retirement and LTC. The Retirement segment consists of approximately 38 retirement residences, of which five retirement residences are located in Saskatchewan, four of which are located in British Columbia and 29 of which are located in Ontario, and the retirement residences management services business. The LTC segment consists of approximately 34 LTC residences located in Ontario; eight seniors’ living residences located in British Columbia, and the LTC management services business. The Company also provides management services to an additional 13 senior living residences in the Provinces of British Columbia and Ontario.
SIA - Sienna Senior Living Inc
Report
There was a problem reporting this post.
Block Member?
Please confirm you want to block this member.
You will no longer be able to:
See blocked member's posts
Mention this member in posts
Please allow a few minutes for this process to complete.